FDN Ft Fdn

RNS Number:1937E
Fieldens PLC
22 November 2002

FOR IMMEDIATE RELEASE 22 NOVEMBER 2002





            FIELDENS PLC (TO BE RENAMED CAMAXYS PLC) ('THE COMPANY')



                       DIRECTORS' INTEREST



The Company announced on 1 November 2002 that, conditional on the completion of
the acquisition of CamAxys Limited as announced on 29 October 2002 
('Acquisition'), Derek Bonham and Andrew Arends, respectively Chairman and Chief
Executive, had agreed each to purchase 222,335 ordinary shares of 5 pence each
('Ordinary Shares') from Barbara Fielden at a price of 28 pence per share.



Following the annual general meeting of the Company on 20 November 2002 and
admission of the Initial Consideration Shares and re-admission of the Existing
Ordinary Shares to trading on AIM becoming effective as of 21 November 2002, the
Acquisition is now unconditional and the proposed purchases of Ordinary Shares
by Derek Bonham and Andrew Arends have now been completed.



Derek Bonham and Andrew Arends have also committed, following the issue by the
Company of any Deferred Initial Consideration Shares pursuant to the Proposed
Acquisition, each to purchase from Barbara Fielden an amount of Ordinary Shares
equal to 29.99 per cent. of the amount of any Deferred Initial Consideration
Shares issued by the Company.



Derek Bonham and Andrew Arends are now each interested in 969,835 Ordinary
Shares, representing 14.88 per cent. of the current issued share capital of the
Company.  In aggregate, Messrs. Bonham and Arends are therefore interested in
1,939,670 Ordinary Shares representing 29.76 per cent. of the current issued
share capital of the Company.



Barbara Fielden resigned from the Board of Fieldens on 25 October 2002, and is
now interested in 805,330 Ordinary Shares representing 12.35 per cent. of the
current issued share capital of the Company.



For the purposes of the disclosure made on 1 November 2002 under Rule 3 of the
rules governing substantial acquisitions of shares (SARs), the condition
relating to the proposed purchase of Ordinary Shares has now been satisfied such
that the revised holdings of Messrs. Bonham and Arends are as disclosed herein.



Definitions in this announcement bear the same meaning as those in the Company's
re-admission document dated 29 October 2002, unless the context otherwise
requires.



22 November 2002



For further information:


Andrew Arends, Fieldens                                 Tel: 07767 238 864
Jonathan Nelson, Shore Capital                          Tel: 020 7408 4090




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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